By Gabriel Chy Alonta
The President Muhammadu Buhari-led federal government would, in the next four years give priority to education and health sectors to address the deficiencies in the quality of human resources, according to the Vice President Yemi Osinbajo.
According to him, prosperity will be attained if we are able to address the issues of extreme poverty, productivity, corruption, the rule of law and the deficiencies in the quality of human resources caused by poor education and healthcare.
Osinbajo, who gave this assurance while delivering the convocation lecture of the University of Lagos ahead of the university’s 50th anniversary, said, the government would adopt a strategy that prepares young Nigerians for emerging challenges and opportunities.
“We must have a robust enough healthcare system that ensures that the average person is in good health, an educational system that guarantees education capable of preparing children for the opportunities and challenges of a knowledge economy.
“In planning the path to prosperity we also took into account the age-old weaknesses of the Nigerian economy and the illusion of prosperity that frequently distorts our understanding of the actual fragility of our economy”, he said.
“We needed to prioritise; the building of infrastructure especially rail, roads, power and ports; productivity as we diversified the economy from oil and gas; the fight against public sector corruption; developing a new educational curriculum that emphasises Science, Technology, Engineering, Arts and Maths.
“Others include; adopting a new approach to resourcing healthcare; putting in place a social investment programme that deals with issues of extreme poverty and unemployment. Our Economic Recovery and Growth Plan effectively addressed these issues”, the vice president said.
Osinbajo said the Buhari administration believed that “creating an environment for productivity investment in hard and soft infrastructure is crucial”.
He added that “If we stick to our agenda in the next two years we will see the most significant improvements, in our power sector.
“Industrial infrastructure is a major component of our economic transformation plan. Project MINE (Made in Nigeria for Export) is the major plank of our industrial policy.
“The idea is to build Special Economic Zones which accommodate industries for local manufacture of goods for which Nigeria has a comparative advantage. These include cotton, garments, leather ware and so on.”
Some of the projects included the newly constructed Container Building for the University Technology Hub, the Academic Publishing Centre Building, the Faculty of Engineering Lecture Theatre and the remodelled University Medical Centre.